Aircraft Orders and Deliveries
A Comac C919 conducting high-speed taxiing (Photo: Comac)

COMAC C919 Secures its First Firm Orders

China Eastern Airlines, a launch customer of the COMAC C919 signed a firm order with the state-owned aircraft manufacturer on Monday to purchase five of the narrow-body aircraft, the China Commercial Aircraft Corporation (COMAC) said. The airline, which signed a letter of intent with COMAC in 2010, is expected to receive the first C919 aircraft this year once they are certified by the Chinese aeronautical authority. COMAC's Selling Points The C919, which will compete with the Boeing 737 and Airbus…

Three Chinese Airlines Report Decline in Profits

Following a rise in fuel prices and weak yuan, three major Chinese airlines: Air China, China Eastern Airlines and China Southern Airlines saw a sizable drop in profits from July to September. The third quarter income of China Eastern Airlines was 33.45 billion yuan, a 13.5 percent gain in comparison…